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National Penn Reaches New 52-Week High (NPBC)

NEW YORK (
TheStreet) --
National Penn (Nasdaq:
NPBC) hit a new 52-week high Monday as it is currently trading at $9.31, above its previous 52-week high of $9.30 with 235,000 shares traded as of 11:55 a.m. ET. Average volume has been 829,500 shares over the past 30 days.

National Penn has a market cap of $1.35 billion and is part of the
financial sector and
banking industry. Shares are up 8.3% year to date as of the close of trading on Friday.

National Penn Bancshares, Inc. operates as the bank holding company for National Penn Bank that provides commercial banking products and services to residents and businesses primarily in eastern and central Pennsylvania. The company has a P/E ratio of 16.4, below the average banking industry P/E ratio of 19.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Penn as a
hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full
National Penn Ratings Report.